Manulife posts mixed results in Q2
Standard Life acquisition results in significant increase to seg fund sales, AUM and core earnings
- By: Tessie Sanci
- August 6, 2015 August 6, 2015
- 14:45
Latest news in Industry News
Madoff controller sentenced to prison
Irwin Lipkin participated in fraud by maintaining Madoff’s books for decades
- By: James Langton
- August 6, 2015 August 6, 2015
- 09:30
Canaccord Genuity’s cost-cutting efforts make positive impact
The firm suffered a year-over-year decline in net income and revenue, but it returned to profitability from a net loss in the previous quarter
- By: Tessie Sanci
- August 5, 2015 August 5, 2015
- 16:20
Decision on risk and large asset managers applauded
IIAC’s Ian Russell says regulatory move could boost support for CCMR
- By: James Langton
- August 5, 2015 August 5, 2015
- 14:50
Aston Hill suffers decline in revenue, adjusted EBITDA and net income in Q2
Short-term losses were expected as the firm makes the adjustment to achieve long-term growth from in-house funds
- By: Tessie Sanci
- August 5, 2015 August 5, 2015
- 14:40
Advisors could play critical role in helping clients figure out insurance
BMO report finds that only 49% of Canadians have some understanding of the insurance products best suited for them and their needs
- By: Tessie Sanci
- August 5, 2015 August 5, 2015
- 11:55
Sarah Bradley to take top job at OBSI
The current head of the Nova Scotia Securities Commission replaces Doug Melville, who left the dispute-resolution service earlier this year
- By: James Langton
- August 5, 2015 August 5, 2015
- 10:55
Metroland invests $1.5 million in robo-advisor firm
The deal will also provide Nest Wealth access to the media company’s various digital and print publications
- By: Tessie Sanci
- August 4, 2015 August 4, 2015
- 14:55
Former trader sentenced for 14 years for role in LIBOR scandal
Tom Hayes, formerly of UBS and Citigroup, was found guilty on eight counts of conspiracy to defraud
- By: James Langton
- August 4, 2015 August 4, 2015
- 09:25
LIBOR administrator proposes calculation reforms
ICE Benchmark Administration position paper sets out methodology changes for calculating the interest rate benchmark
- By: James Langton
- July 31, 2015 July 31, 2015
- 12:35
Dominion General proposes deal for Hampton Securities parent firm
If approved, the deal would represent a going-public transaction for Hampton Equity Partners
- By: James Langton
- July 31, 2015 July 31, 2015
- 11:30
Sun Life Financial completes acquisition of U.S.-based Prime Advisors
Financial terms not disclosed
- By: The Canadian Press
- July 31, 2015 July 31, 2015
- 09:50
Aegon completes sale of its Canadian life insurance business
Sale of Transamerica Life Canada to Wilton Re receives regulatory approval
- By: James Langton
- July 31, 2015 July 31, 2015
- 08:50
BMO launches iPad app for U.S. advisors
But Canadian advisors hoping for similar functionality are out of luck for the time being
- By: Tessie Sanci
- July 30, 2015 July 30, 2015
- 19:30
Advisors may temper growing dissatisfaction with banks
Although Canadians are increasingly unhappy with their banks, those who receive advice tend to be more satisfied, J.D. Power study reveals
- By: Rudy Mezzetta
- July 30, 2015 July 30, 2015
- 14:00
IA posts strong Q2 results and makes changes among management team
Profit was among the firm’s “best on record” and four executives take on new responsibilities
- July 30, 2015 July 30, 2015
- 13:30
Ontario “demands” federal co-operation on pensions
Using the CRA to help implement the ORPP would be in line with existing practice, the province says
- By: James Langton
- July 30, 2015 July 30, 2015
- 12:15
Home Capital suspends 45 mortgage brokers
Investigation reveals issues with income verification
- By: James Langton
- July 30, 2015 July 30, 2015
- 12:00
Seized registered assets should go to pay child and spousal support, court rules
Allowing secured creditors to claim RRSP assets after they were seized to pay child support would be an “absurd result,” court rules
- By: James Langton
- July 30, 2015 July 30, 2015
- 09:35
Legg Mason acquires RARE Infrastructure
Acquisition expands asset manager’s offerings in equity liquid alternative investments
- By: James Langton
- July 29, 2015 July 29, 2015
- 10:00
IIAC calls on feds to bolster private retirement savings system
Pre-budget submission recommends higher RRSP contribution limits and the elimination or RRIF withdrawal minimums
- By: James Langton
- July 28, 2015 July 28, 2015
- 11:50
Americans believe stockbrokers should act in clients’ best interests
Despite much confusion about terminology, U.S. study reveals consumers don’t have much trust in stockbrokers
- By: James Langton
- July 28, 2015 July 28, 2015
- 09:40
Canadians focusing in on debt repayment over retirement savings
Although many Canadians believe they’ll be debt free by the time they reach retirement, they need to strike a balance between both responsibilities
- By: Tessie Sanci
- July 28, 2015 July 28, 2015
- 09:15
Maximizer updates CRM tool for advisors
Enhancements that will help advisors expand their businesses in new areas came from advisor feedback
- By: Tessie Sanci
- July 27, 2015 July 27, 2015
- 11:30
Deutsche Börse boosts forex trading, indexing operations
German exchange operator announces acquisitions
- By: James Langton
- July 27, 2015 July 27, 2015
- 10:15